Noncompetes, Healthcare and a New Executive Order
Dave Davidson
Board Certified Health Lawyer| Physicians | Hospitals | Contracts | Transactions
On July 9, 2021, President Biden signed a far-reaching Executive Order that could have significant impact on the healthcare industry.?Under the Executive Order, President Biden:
- Encourages the Federal Trade Commission to ban or limit noncompete agreements, and to ban unnecessary occupational licensing restrictions;
- Supports the practice of state and tribal programs importing drugs from Canada;
- Directs HHS to increase support for generic and biosimilar drugs, and to issue a comprehensive plan to, "combat high prescription drug prices and price gouging" within 45 days;